31 Comments
 

That's absolutely crazy... do you not get much of a bonus or something?

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

i think hk bonus are pretty high too, from my limited sources, you get paid pretty much the same level of bonus (at least at the junior levels). coupled in with the low tax ~17% (if you are not a US citizen) gives you a pretty damn good deal.

 
Best Response
cluelessbankinghopefulsome hk firms have cancelled their housing bonus, confirmed.
squattyI dont know where you guys are hearing your hk stipend numbers but i have confirmed ML, MS, GS, Nomura-Lehman, have all canceled stipends since end of 08. This is for the junior levels. Senior levels depending on place / status have diff packages - from schooling to housing etc.

Same for BB S&T HK. No housing in SG either I believe..

 

I dont know where you guys are hearing your hk stipend numbers but i have confirmed ML, MS, GS, Nomura-Lehman, have all canceled stipends since end of 08. This is for the junior levels. Senior levels depending on place / status have diff packages - from schooling to housing etc.

 

BB IBD - 70k base, 10k sign on (to be received in April-May, ostensibly for relocation).

Also, friend who just signed with boutique will be getting 70k base, 15k sign on.

Which BB are giving 15k sign on, and which ones are giving early signing bonus?

 

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